Compliance, Asset Management Compliance, Associate, NY

Compliance, Asset Management Compliance, Associate, NY

New York, New York, United States

Global Compliance

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations;

designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

Asset Management Compliance

This position sits in divisional compliance and is focused on Goldman Sachs Asset Management (“AM”). AM delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. AM’s clients are global, with complex challenges that require deep investment expertise and dedicated client service to help them achieve their unique investment goals.

AM serves a diverse range of clients – individuals, financial advisors, and institutions – who rely on AM to help them understand markets, deliver innovative investment solutions and plan for their future.

AM Compliance is seeking a compliance associate to join the US AM Compliance team. AM Compliance provides daily advice to AM’s various business teams on portfolio management, investing and lending activities, fundraising, the Investment Advisers Act, Investment Company Act, reputational risk, and other various regulatory requirements. The individual will interact with different business lines and control functions, including AM’s Portfolio Management teams, Sales, Finance, Operations, Engineering, Legal, and Internal Audit.

The ideal candidate will have a strong interest in understanding AM’s business model and operational processes.

Responsibilities

• Provide compliance oversight and support for AM personnel and provide advice on how to conduct AM’s business in a manner that complies with the vast array of applicable rules, regulations, and regulatory expectations.
• Develop, draft, and maintain compliance policies and procedures outlining firm requirements, jurisdictional requirements, regulations, and best practices.
• Create and deliver compliance trainings.
• Coordinate with the business and other internal stakeholders to assist with new business initiatives and regulatory requirements.
• Review and advise on product marketing materials used to pitch AM’s products and services.
• Perform testing, including the review of surveillances and conducting forensic reviews to assess compliance risks and identify potential breaches.
• Assist with regulatory examinations, audits and inquiries.
• Manage ad-hoc and long-term projects as required.

Qualifications

• Bachelor’s Degree.
• 1-3 years of Compliance, Legal, Regulatory or Financial Services industry experience.
• Excellent communications skills (oral and written), judgment, organizational skills, and project management skills.
• Ability to handle multiple tasks simultaneously and work in a fast paced environment.
• Self-starter, works independently, and proactively follows-up.
• Strong analytical and risk assessment skills.
• Excellent interpersonal skills - team player, able to forge relationships, build consensus, and influence decisions.
• Ability to multi-task and meet multiple deadlines.
• Organized and attentive to detail.

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